Exit Coal India at around Rs 285-290: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "Coal India has broken down of a very strong support which will now act as a resistance at Rs 300 levels. So, any move towards Rs 285-290, I would recommend an exit.""I don’t expect the stock to breakout of the Rs 300 that will take a lot of time. So, in that sense we have observed it moving towards that and again coming down over the past few months. So, I would recommend an exit in the range of Rs 285-290," he said.